Home » September 25th, 2011 Entries posted on “September, 2011”

20 residential lots in Golden Gate Estates sold at a foreclosure auction

More than 20 residential lots in Golden Gate Estates found a new owner at a foreclosure auction on Wednesday. The property ended up at a foreclosure auction  on Wednesday after Waterways Joint Venture, the entity who developed and built it defaulted on more than $30 million in loans for several projects in Collier County. The [...]

Posted in Commercial,Foreclosures | Read More »

Naples home inventory at record low

The Naples real estate market is getting stronger as the overall inventory continues to shrink and the overall median price continues to stabilize, a recent report released Friday by the Naples Area Board of Realtors says. The release highlights that the overall Naples area inventory hit its lowest level since Nabor started tracking inventory four [...]

Posted in Foreclosures,Housing | Read More »

With foreclosure filings down, Lee court system is facing cash flow issues

It is somehow strange, but drop in the number of foreclosure filings in Lee County court causes money shortage in its finding system. Twentieth Judicial Circuit Chief Judge Jay Rosman in August asked Collier legislation to look for a stable funding source for the state’s court system. The problem: the courts currently get their funding [...]

Posted in Foreclosures | Read More »